Digital Transformation Audit: 5 Key Points to Consider
Digital trend is leaving no stone unturned!
From mobile usage in the hands of customers to high-end technology equipment across industries, the digital revolution is clearly evident everywhere.
Digital implementations backed by technology advancements have taken the industry to the next level, becoming the future of every organization.
What exactly lacks at this point is the lack of understanding about digital transformation!
One has to be understood that Digital Transformation (DX) is not a one-time task, it’s a continuous process that requires timely evaluation and in-time investment.
Performing timely digital transformation audits is as important as executing a digital strategy at the pace of advancements for digital success.
5 Key Points to Incorporating DX Audits Part of Your Strategy:
1) Digital Trend Not for Namesake
Implementing digital technologies doesn’t make digital transformation. In this current trend where technology advancements are happening in short timeframes, one has to make digital part of organizational process rather than looking at it as another technology addition.
Being digital doesn’t work if you wish to gain a competitive edge, strive to be digitally-advanced!
2) Top-level Execs Are Crucial
Digital transformation is more precisely the cultural transformation. As the surveys say, culture is one of top five drives of digital transformation success. But this cultural transformation comes only with team and organization wide collaboration. This should ideally involve stakeholders at all levels from low-level employees to top-level executives.
Strong communication, collaboration and ability to speak it essentiality are key to an organization’s digital success.
As this involves building relationships, continuous roll-out of digital projects and more, top-level executives including C-suite execs definitely have a crucial role.
3) Measure Success
Rolling out new initiative is not just enough to be ahead in the digital race. A close monitor has to be there on the implemented process to ensure its working as expected and effectively delivering desired results. You may invest in technologies to support the effective functioning of your existing one. You may also try tools and analytics that help assess the technology investments are taking the right path.
All you need to do is measure success through implementations to validate investment. You may also perform self-assessment by analysing how the competitors perform. Learn from both the success stories and failures, to finally find your way out!
The Gartner 2020 CIO Agenda survey reports “40 percent of organizations think they have reached scale for their digital endeavors, more than doubling the proportion of enterprises from 2018”.
But to the fact, all might not have really reached that level. The process of upgrading systems is often mistook to the term transformation.
The key to success in digital journey is investing in right technology and software that allows your organization to grow at scale. Partnerships are also key; engaging with wrong ones might interrupt your transformation journey.
Adopting new capabilities and relevant investments have to be at scale.
5) Flexibility to Change
You can’t just be reluctant to change if you wish to see success in digital transformation. Change is part and process of digital transformation journey. If the data demands a switch in your plan to a new initiative, you might have to pick up the new direction.
Organization should build capabilities that help recognize such pivotal points and make them part of digital transformation audit strategy. All you need is flexibility to change!
More such factors lay down path for success in your digital transformation journey. Don’t forget! Timely audits are crucial to improve in any process and DX is no exception!
Related Stories on Digital Transformation:-
- 9 Key Digital Transformation Trends ‘To Watch’ in 2020 and Further
- Digital Transformation Journey: 3 Hurdles to Learn From!
- 8 Culture Hacks for Successful Digital Transformation (Infographic)
- Whitepaper – Importance and Business Benefits of Digital Transformation
- How Digital Transformation Impacts IT Business?
- Global Digital Transformation (DX) Spending Forecast by 2022